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WHUT (Howard University Television) 1
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Aug 12, 2011 6:00pm EDT
electricity delivered to the home. that is the view of steve mitnick, who has written a new study on electric valu values. it says we get a pretty good deal from electricity. right? >> yes. >> let us pick some holes in your argument. why do we get a good deal from electricity? >> there is so much in the media about how there is rate shock, electricity bills, utility bills are high and going up, up, up. so, it runs counter to the popular notion. if you look at it as this report did, 10 different quantitative analyses, to say that particularly households, bills, are a tremendous value and that over time prices have not gone up. especially compared to inflation. that is back it 1960. >> you are saying prices for electricity have been very standard and steady? >> all but seven states the average residential rates have fall -- have fallen relative to general inflation. only in seven states have they kept up with general inflation. >> what is little known is that no two states actually pay the same for electricity and we pay a lot more on the coast than in the middle of the country. >> rig
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